---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-22-000112"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2022-06-28T23:59:59+00:00"
generated_at: "2026-06-24T22:44:53.898006+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AMD increases CEO Su's base salary to $1.2M and awards $22.4M in LTI

## Summary
- Base salaries for all named executive officers increased effective July 1, 2022: CEO Su from $1.097M to $1.2M; CFO Kumar from $675k to $710k.
- Long-term incentive awards with target values: CEO Su $22.4M; CTO Papermaster $7.5M; Sales Chief Grasby $6M; CFO Kumar $5M; EVP Bergman $4.2M.
- Equity awards mix: 50% performance-based RSUs (linked to relative TSR vs S&P 500 and non-GAAP EPS), 25% stock options, 25% time-based RSUs.
- PRSUs can range from 0%-250% of target; stock options vest ratably over 4 years; RSUs also vest 1/4 annually.

## SEC filing metadata
- accession: 0000002488-22-000112
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2022-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248822000112/0000002488-22-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248822000112/amd-20220623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-22-000112
- JSON: https://secwatch.observer/filing/0000002488-22-000112.json
- Plain text: https://secwatch.observer/filing/0000002488-22-000112.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
